1831 Main Street W, Hamilton, ON L8S 1H6
Ainslie Wood, Hamilton · Near 403 to Main St West follow left on Main st to Whitney · View map
About this home
Exceptional income-producing mixed-use investment opportunity in Hamilton! This approximately 6,300 sq. ft. property features six residential units alongside commercial space, offering diversified income potential. The investment analysis projects $184,640 in annual gross income, $116,435 in annual net operating income (NOI), and an 8.32% capitalization rate. Further income potential includes an estimated $1,400 per month from a proposed basement rental unit, subject to applicable approvals, as well as an agreed $500 increase to the In Bloom commercial lease upon its May 2027 renewal. The property also offers 10 parking spaces, renovated residential apartments, and additional partial renovations in the basement. Conveniently located near public transit, parks, and local amenities, this property presents an attractive opportunity for investors seeking a mixed-use asset with diversified income streams and potential for increased returns.
The home
- Type
- Store w apt / office
- Square footage
- 6300 sq ft
- Lot size
- 55 x 135 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $17,848/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- 403 to Main St West follow left on Main st to Whitney
- Neighbourhood
- Ainslie Wood
More
- MLS® number
- X14121000
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1831 Main Street, Hamilton, ON L8S 1H6
Ainslie Wood, Hamilton · Near 403 to Main St West follow left on Main st to Whitney
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Listing history for 1831 Main Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1831 Main Street W
Answers come straight from this home’s MLS® listing.
How much is 1831 Main Street W listed for, and what would it cost each month?
1831 Main Street W is listed for $1,399,000. With 20% down ($279,800), the mortgage payment would be roughly $5,643 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,131 a month, all in. That figure is an illustration, not a quote.
Is 1831 Main Street W freehold or a condo, and is there a monthly fee?
1831 Main Street W is a store w apt / office in Ainslie Wood, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1831 Main Street W have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
What style of home is 1831 Main Street W?
1831 Main Street W is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1831 Main Street W, and what is the lot size?
The lot is listed as 55 x 135 ft.
How is 1831 Main Street W heated and cooled?
Cooling is yes.
What are the property taxes for 1831 Main Street W?
Property taxes are $17,848 a year (2026), or about $1,487 a month.
Where is 1831 Main Street W?
1831 Main Street W is in the Ainslie Wood community of Hamilton. The nearest main intersection is 403 to Main St West follow left on Main st to Whitney. The postal code is L8S 1H6.
Is 1831 Main Street W still for sale?
Yes. It is an active listing (MLS® X14121000). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1831 Main Street W asking?
Similar properties for sale nearby right now include 181 Main Street E at $1,350,000, 961 Main Street E at $1,500,000 and 351 MAIN Street E at $1,500,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1831 Main Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1831 Main Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.